Brokerages Set Oxford Instruments plc (LON:OXIG) PT at GBX 2,631.67

Oxford Instruments plc (LON:OXIG) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 2,631.67.

OXIG has been the subject of several research reports. Jefferies Financial Group restated a “hold” rating and set a GBX 2,590 price objective on shares of Oxford Instruments in a research report on Wednesday. Shore Capital Group restated a “buy” rating and set a GBX 2,600 price objective on shares of Oxford Instruments in a research report on Thursday, January 15th. Berenberg Bank lifted their price objective on Oxford Instruments from GBX 2,400 to GBX 2,700 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the stock a “buy” rating in a research report on Wednesday.

Oxford Instruments Trading Down 0.5%

Shares of Oxford Instruments stock opened at GBX 2,798.30 on Wednesday. The company has a debt-to-equity ratio of 16.08, a current ratio of 1.77 and a quick ratio of 1.11. Oxford Instruments has a 1 year low of GBX 1,584 and a 1 year high of GBX 2,896. The company has a market capitalization of £1.55 billion, a P/E ratio of 118.07, a P/E/G ratio of -3.56 and a beta of 1.02. The business has a 50 day moving average price of GBX 2,568.24 and a 200 day moving average price of GBX 2,247.41.

Oxford Instruments Company Profile